Paints and Coatings Market, By Product Type, By Application, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Paints and coatings are widely used in industries for protecting machines and equipment from rusting and corrosion, whereas decorative paints and coatings are used applied on interior and exterior walls of residential and corporate buildings. Rising population and disposable income is boosting the demand for consumer goods and automotive, which in turn is boosting industrialization. To embellish and protect a surface, paints and coatings are applied to the substrate. When applied for decorative purposes, paints and coatings enhance the surface's longevity and aesthetics. Additionally, they shield the surface from damaging elements, rust, ageing, and chemical exposure. In some applications, paints and coatings also offer particular qualities including anti-fouling, flame retardancy, and anti-microbial capabilities. Due to economic expansion and the consequent rise in living standards of those in the region's developing nations, the building and construction sector has been growing rapidly across the Asia Pacific region. In the Asia Pacific, this is increasing the demand for paints and coatings. The widespread use of paints and coatings in the building and automotive industries is a major factor driving the global market for them.

Market Dynamics

Global paints and coatings market has witnessed significant growth in recent past years, owing to rising emergence and rampant adoption of new coating technologies such as waterborne coatings, high-solids coatings, two-component systems, powder coatings, and radiation-curable coatings. This is expected to boost demand for paints and coatings in the near future.

Major players in the global paints and coatings market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end user industries such as transportation, automotive, furniture, packaging, metal manufacturing and others. This is expected to fuel the market growth during the forecast period.

Key features of the study:

This report provides in-depth analysis of global paints and coatings market size (US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global paints and coatings market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes Akzo Nobel N.V., Asian Paints, Axalta Coating Systems, BASF SE, Berger Paints India Limited, Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company, Diamond Vogel Paints, Helios Group, KCC Corporation, Masco Corporation, Nippon Paint, and PPG Industries Inc.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
Global Paints and coatings market report caters to various stakeholders in this industry including investors, suppliers, global paints and coatings manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global paints and coatings market

Detailed Segmentation:

Global Paints and Coatings Market, By Product Type:
- High Solids/Radiation Cure
- Powder Coatings
- Waterborne Coatings
- Solvent-borne Coatings
- Others
Global Paints and Coatings Market, By Application:
- Automotive & Aviation
- Medical & Healthcare
- Residential
- Commercial
- Others
Global Paints and Coatings Market, By Region:
- North America
  - U.S.
  - Canada
- Europe
  - France
  - Germany
  - U.K.
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - Japan
  - Australia
  - India
  - Rest of the Asia Pacific
  - Rest of the World
Company Profiles
- Akzo Nobel N.V.*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Asian Paints
- Axalta Coating Systems
- BASF SE
- Berger Paints India Limited
- Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
- Diamond Vogel Paints
- Helios Group
- KCC Corporation
- Masco Corporation
- Nippon Paint
- PPG Industries Inc.

"*" marked represents similar segmentation in other categories in the respective.

Product Code: CMI4094

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- PEST Analysis
- PORTER's Analysis
- New Product Approvals/Launches
- Promotion and Marketing Initiatives

4. Global Paints and Coatings Market- Impact of Coronavirus (Covid-19) Pandemic

Overview
Factors Affecting Global Paint and Coating Market - COVID-19
Impact Analysis

5. Global Paints and Coatings Market, By Product Type, 2017 - 2030, (US$ Billion and Kilo Tons)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
High Solids/Radiation Cure
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Powder Coatings
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Waterborne Coatings
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Solvent-borne Coatings
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Others
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030

6. Global Paints and Coatings Market, By Application, 2017 - 2030, (US$ Billion and Kilo Tons)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Automotive & Aviation
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Medical & Healthcare
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Residential
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Commercial
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
Others
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030

7. Global Paints and Coatings Market, By Region, 2017- 2030, (US$ Billion and Kilo Tons)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.S.
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030, (US$ Billion and Kilo Tons)
Canada
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
France
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Germany
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Italy
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Spain
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
U.K.
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Russia
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Poland
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Rest of Europe
- Sub-region/Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
India
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Japan
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Australia
- Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Rest of Asia Pacific
- Sub-region/Country Trends
- Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)
Rest of the World
- Market Share Analysis, By Country/ Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country/ Sub-region, 2017 - 2030
Country Trends
Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion and Kilo Tons)
Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Kilo Tons)

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Akzo Nobel N.V.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Asian Paints
- Axalta Coating Systems
- BASF SE
- Berger Paints India Limited
- Deutsche Amphibolin-Werke Von Robert Murjahn Stiftung & Company
- Diamond Vogel Paints
- Helios Group
- KCC Corporation
- Masco Corporation
- Nippon Paint
- PPG Industries Inc.
References
Research Methodology
About us and Sales Contact

Browse 45 market data tables* and 30 figures* on "Global Paints and Coatings Market" - Global forecast to 2030

Paints and Coatings Market, By Product Type, By Application, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030